Late Credit Card Payments are the lowest they’ve been in seventeen years. This is despite an increase in the use of credit cards. People are cutting back on the number of cards they carry and accumulating less debt in general. Credit cards are great…if you pay them off. It is often too easy to lose track of how many money you have because you can spend much more with a credit card. As long as you pay off the bill by the due date, a credit card is essentially a short-term loan. The downsides only come when you can’t pay. More…